Order of Credit Card repayments

moneyhandle

Got a query that's confusing me a bit.

At the moment have £2000 outstanding on CC at 6.9% interest.

Have just been offered 9 months at 0% interest for a balance transfer (with 3% fee).

The standard purchase rate is 15.9%. I don't spend on this card however.

If I balance transfer £2000 to this card am I right or wrong in saying that this is how the repayments would work if I repay £150 per month:

Outstanding balance after BT £4000
9 x £150 repayments (which would pay the 6.9% interest debt) £1350

Outstanding balance after 9 months £2780
- £2000 Balance Transfer debt
- £60 for the 3% balance transfer fee
- Approx £70 interest built up on original £2000 6.9% debt
over the 9 months
- Original £2000 debt is now £720

After the 9 months balance transfer period, would every payment go towards paying off the 0% Balance transfer debt which would now be at 15.9%?

[Deleted User]

unless you can definately pay off over the 9 months,then its probably best left on the 6.9% fixed cc